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Com TW NOw News 2024

Netflix (NFLX) Q3 2024 earnings
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Netflix (NFLX) Q3 2024 earnings

Nurfoto | Nurfoto | Getty Images

LOS ANGELES — Netflix posted third-quarter earnings Thursday after the bell that beat the top and bottom lines.

The company’s advertising business continued to grow in the third quarter, with advertising-level memberships increasing 35% quarter-over-quarter. The service is on track to launch in Canada next quarter and more broadly in 2025.

Here are the results:

  • Earnings per share: $5.40 compared to the $5.12 LSEG expected.
  • Gain: $9.83 billion, compared to the $9.77 billion LSEG expected.
  • Paid memberships: 282.7 million compared to the expected 282.15 million, according to StreetAccount

This is a breaking news story. Check back later for updates.

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Correction: This story has been updated to correct Netflix’s reported and estimated third-quarter revenues. The company reported $9.83 billion, compared to $9.77 billion expected according to LSEG.